262 London Road

Waterlooville, PO7 7HG

1,570 sq ft
To Let
Retail

Back to properties

Large Ground Floor Retail Unit

Property Type Retail
Tenure To Let
Size 1,570 sq ft
Rent £15,000 per annum
Business Rates £8,038.50 per sq ft
Energy Performance Rating This property has been graded as 80 (D)

Key Features

  • Located In Prominent Pedestrianised Precinct
  • Planning Reference: APP/18/00059
  • Rear Access / Loading
  • Rear Car Parking

Location

No.262 occupies a prominent position in London Road, in the heart of Waterlooville town centre, and situated within the pedestrianised precinct. The A3(M) is approximately 1 1⁄2 miles to the east, leading to Petersfield & Guildford to the north with the M27 motorway network to the south, with Havant railway station being approximately ten minutes drive away.

Description

The property is a mid-terrace ground floor lock-up shop set behind an Aluminium frame glazed shop front, leading to a large retail space. Staff and customer WC, as well as kitchenette facilities are provided to the rear of the unit. The property benefits from rear access suitable for loading and unloading and a car parking space. There is the possibility that the unit can be interlinked with No.260 London Road subject to terms being agreed. This is also located next door to No.262 and will provide an additional 1,583 sq.ft. Further details available on request. Planning permission was granted on the 25th July 2018 (APP/18/00059) for a change of use from an A2 classification (estate agents) to an A3 / A5 classification (restaurant and cafes / hot food takeaways).

Location

No.262 occupies a prominent position in London Road, in the heart of Waterlooville town centre, and situated within the pedestrianised precinct. The A3(M) is approximately 1 1⁄2 miles to the east, leading to Petersfield & Guildford to the north with the M27 motorway network to the south, with Havant railway station being approximately ten minutes drive away.

Viewings

Strictly by appointment with sole agents

Terms

Available on a new full repairing and insuring lease for a term to be agreed. Rent: £15,000 pax Incentives may be available subject to terms being agreed.

Business Rates

Rateable value: £17,250. Uniform business rates payable for 2017-2018: £8,038.50 Source: voa.gov.uk The above calculations are based on the following limitations: • Small business rate relief applies only to occupied properties. • A percentage reduction in your rates bill only applies if you only occupy one property. You are advised to confirm the rates payable with the local council before making a commitment.

Other Costs

A service charge is payable to cover costs such as maintenance and repair of common parts landscaping management fees. Additionally building insurance is also payable. Each party to be responsible for their own legal costs incurred in the transaction.